Calamos Strategic Total Return Fund (NASDAQ:CSQ) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Calamos Strategic Total Return Fund (NASDAQ:CSQ) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.02 and traded as low as $17.52. Calamos Strategic Total Return Fund shares last traded at $17.68, with a volume of 459,448 shares.

Calamos Strategic Total Return Fund Trading Down 0.6%

The company’s fifty day moving average price is $18.95 and its 200-day moving average price is $19.02.

Calamos Strategic Total Return Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 13th will be given a dividend of $0.1225 per share. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Friday, March 13th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. purchased a new stake in shares of Calamos Strategic Total Return Fund during the third quarter valued at $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Calamos Strategic Total Return Fund in the 2nd quarter valued at $40,000. Arax Advisory Partners raised its stake in Calamos Strategic Total Return Fund by 1,613.0% in the 4th quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock worth $61,000 after acquiring an additional 2,968 shares during the last quarter. N.E.W. Advisory Services LLC raised its stake in Calamos Strategic Total Return Fund by 100.0% in the 4th quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock worth $84,000 after acquiring an additional 2,200 shares during the last quarter. Finally, CX Institutional acquired a new stake in Calamos Strategic Total Return Fund during the 3rd quarter worth about $87,000.

Calamos Strategic Total Return Fund Company Profile

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